Sweden operates under a model similar to those of other Nordic nations: heavily capitalistic with a large percent of spending going toward public service.
The Organisation for Economic Cooperation and Development (OECD) reported that Sweden currently 'outperforms the average in income, jobs, education, health, environmental quality, social connections, civic engagement, safety, and life satisfaction.'
Swedes are among the most generous in the world, donating about one percent of the gross domestic product to humanitarian aid programs each year.
Sweden was rated the best country in the world for quality of life, ahead of Norway and Canada, scoring a perfect 100.
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